Lianhe Sowell insider reports 72.45% ownership
Yue Zhu and Lianyue Holding Limited filed a Schedule 13D reporting beneficial ownership of 17,435,000 Lianhe Sowell International Group Ltd Class A and Class B Ordinary Shares, representing 72.45% of the outstanding classes as of April 9, 2026.
Rhea-AI Filing Summary
Yue Zhu and Lianyue Holding Limited filed a Schedule 13D reporting beneficial ownership of 17,435,000 Lianhe Sowell International Group Ltd Class A and Class B Ordinary Shares, representing 72.45% of the outstanding classes as of April 9, 2026.
The holding consists of 15,035,000 Class A Ordinary Shares and 2,400,000 Class B Ordinary Shares owned by Lianyue Holding, a British Virgin Islands company wholly owned by Mr. Zhu, giving him sole voting and dispositive power over these shares. On April 7, 2026, Lianyue Holding agreed to subscribe for 2,000,000 Class B Ordinary Shares at US$0.167 per share, with the transaction closing on April 9, 2026 and issued under Regulation S, after approval and ratification by the company’s audit committee.
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Insights
Filing discloses concentrated control and a related-party share subscription.
The Schedule 13D shows Yue Zhu, via Lianyue Holding, beneficially owning 17,435,000 shares, or 72.45% of Lianhe Sowell’s outstanding Class A and B Ordinary Shares as of April 9, 2026. This reflects significant control.
The structure includes 15,035,000 Class A and 2,400,000 Class B shares, with each Class B carrying 100 votes compared with one vote for each Class A. A Subscription Agreement added 2,000,000 Class B shares at US$0.167 per share, approved by the audit committee and issued under Regulation S.
The filing also notes that a prior Acting-in-Concert Confirmation and Undertaking Agreement with another holder was rescinded or deemed void ab initio, leaving Mr. Zhu with sole voting and dispositive power over Lianyue Holding’s shares. Future company disclosures may clarify any additional ownership or governance changes.
Key Figures
Key Terms
Schedule 13D regulatory
Regulation S regulatory
Acting-in-Concert Confirmation and Undertaking Agreement regulatory
beneficially owned financial
sole voting power financial
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What percentage of Lianhe Sowell (LHSW) does Yue Zhu report owning?
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